9H·

Bitcoin price target 135,000$?

The good old Bitcoin is currently rising $BTC (+1,19%) is rising more strongly again. As I'm currently more involved again because of the leverage positions, I'll just share my thoughts on the short-term price target. You need some kind of target to be able to assess risks and opportunities.

I like to keep the guesswork simple. One of the easiest tools for forecasting ATH is the Fibonacci projections. Currently, there seems to be a clear lumping of the 100% targets around the $135,000 Fibonacci extensions. This will not pass market participants by.

The simple extension of the last run also extends to around $135,000. The run lasted 11 days. The current one has already lasted 3 days. So the target could be reached in the next 7-8 days - assuming the market participants are roughly the same as during the last run.

So that's my target price until July 18: $135,000. The derivatives will be sold again there at the latest.

What do you think of the price target?

Your Epi

Epi

@Epi

1Semana·

BTC buy signal

If there's one thing I've learned with Bitcoin, it's that you have to take advantage of opportunities.

BTC usually moves in extended consolidations and then rises or falls explosively to new levels.

At the moment, a number of indicators point to a blow-off phase for BTC. This is why I have swapped the BTC ETC in my individual 3xGTAA portfolio for a 2x leveraged factor certificate on BTC.

This is not possible in the Wikifolio because I only wanted to trade ETFs and ETCs there.

The Epi can also be offensive.

😬

03.07

MOR

MORG.STANLEY FAKTL BTC

Comprado x758 em € 15,62

€ 11.839,96

5 Comentários

Stefan21@stefan_21

Respect Epi, you had a good nose for the breakout :)
The 135k sounds realistic to me in the short term.

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Mo@BigMo

With all the moon goals that are currently circulating, I think your goals are conservative and realistic.😁

I'll add to that:
If you draw a trend channel with the lows and highs from October 2023 to today, the upper end of the channel is currently at 143k.

This would also be my price target for the time being.

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Banana Millionaire 🐒🍌@Banana_Millionaire

Thank you for your assessment.
I really appreciate your opinion and think it is realistic.

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Testo-Investor@Testo-Investor

24min

unimaginable, but anything is possible. I am in favor of 120 k then drop to 60 and breakout to 180,000 $ that would be my dream scenario.

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Stefan21@stefan_21

3min

@Testo-Investor The drop to 60 will not happen without Black Swan.

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